Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Short Interest Update

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 27,700 shares, an increase of 113.1% from the November 15th total of 13,000 shares. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund in the third quarter valued at $136,000. Sanctuary Advisors LLC purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter valued at about $171,000. HighTower Advisors LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 3rd quarter valued at about $173,000. Cetera Advisors LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund during the 1st quarter worth approximately $231,000. Finally, Wealthspire Advisors LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund during the second quarter worth approximately $281,000.

Legg Mason BW Global Income Opportunities Fund Stock Up 0.8 %

Shares of BWG opened at $8.46 on Friday. Legg Mason BW Global Income Opportunities Fund has a 52-week low of $7.81 and a 52-week high of $8.95. The stock has a 50 day moving average price of $8.51 and a 200 day moving average price of $8.55.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 11.35%. The ex-dividend date of this dividend is Monday, December 23rd.

About Legg Mason BW Global Income Opportunities Fund

Legg Mason BW Global Income Opportunities Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.